PETALING JAYA: ACE Market-listed Cropmate Bhd could see a steady improvement in earnings ahead on cost efficiencies, analysts say.
According to MIDF Research, the fertiliser maker may record 3% year-on-year revenue growth this financial year (FY25) that will be driven by a cost pass through mechanism and stable production costs.
In a non-rated report with a fair value of 20 sen on Cropmate, the research house said its conventional fertiliser segment was expected to remain stable, while speciality fertilisers would provide a potential upside to earnings.
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